Oct 5, 2019, 11:04 AM By: Daniel Jordan via Michael Hayes I think it’s difficult for some people to get their brain out of a certain loop. Once someone destroys the illusion that the wealthy are not by necessity rich due to exploitation of the poor because the pie isn’t fixed (only the past is a fixed pie). The next illusion that gets propped up is created by applying this logic to other avenues of life. The idea that mass migration cannot possibly effect you because again the ‘pie isn’t fixed’ or that it simply should not effect you if not for bad policies (excessive welfare state brought onto you by force of the government) and so the next illusion that is propped up in tandem with the non fixed pie view of immigration is the NAP(non aggression principal). And this farcical idea of speculative harm being out of the question for use of force. Now we see the axiom that lays at the root of the ex socialist, neo-liberal. The most important commodity in the commons is trust. Trust that for various biological/cultural reasons can be eroded. NAP can collapse on its own merits if we even allow one iota of punishment for the most heinous of crimes such as murder. It’s not an axiom/ethic congruent with our nature to simply let evil walk free in the name of NAP. Consider the fact that the whole reason you lock someone up for murder is based on speculative future harm. Take the idea of air pollution or water pollution. The latter can generally be solved efficiently through property rights and give people all the protection we need. The former requires targeted regulation due to the nature of the problems and that it’s not really possible to have someone own the air (other than perhaps air traffic rights). Both of these things however have to be backed up by the courts (force, aggression if you will) and both require proactive (speculative) measures. Libertarians generally get economic issues, but they do not have a consistent view of the use of force. I suppose they are perfectly consistent if they are genuine ancaps, but really very few of them are, and that kind of Rothbardian view of humanity is pure fantasy, just as deluded as Marx but with some economic literacy thrown in the mix to dazzle and confuse people.
Source: Original Site Post
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Oct 5, 2019, 11:04 AM —“Libertarians generally get economic issues, but they d
Oct 5, 2019, 11:04 AM
—“Libertarians generally get economic issues, but they do not have a consistent view of the use of force. I suppose they are perfectly consistent if they are genuine ancaps, but really very few of them are, and that kind of Rothbardian view of humanity is pure fantasy, just as deluded as Marx but with some economic literacy thrown in the mix to dazzle and confuse people”— Daniel Jordan
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Oct 5, 2019, 11:04 AM —“Libertarians generally get economic issues, but they d
Oct 5, 2019, 11:04 AM
—“Libertarians generally get economic issues, but they do not have a consistent view of the use of force. I suppose they are perfectly consistent if they are genuine ancaps, but really very few of them are, and that kind of Rothbardian view of humanity is pure fantasy, just as deluded as Marx but with some economic literacy thrown in the mix to dazzle and confuse people”— Daniel Jordan
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That Will Evolve Us Into the Mankind We Wish We Had
Oct 5, 2019, 11:06 AM
—I designed a science, logic, law, and government for the mankind we have not the mankind we wish we had – but that will evolve us into the mankind we wish we had.– Curt Doolittle
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That Will Evolve Us Into the Mankind We Wish We Had
Oct 5, 2019, 11:06 AM
—I designed a science, logic, law, and government for the mankind we have not the mankind we wish we had – but that will evolve us into the mankind we wish we had.– Curt Doolittle
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Capital is the rabbit strategy in nearly every aspect.
Oct 5, 2019, 11:09 AM GENIUS. CHURCHILL ON CAPITAL
—“Capital is the rabbit strategy in nearly every aspect. Machines need quantity over quality — and it is not even close. Quality to create the machine, quantity to move the machine’s product.”– Michael Churchill
(genius)
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Capital is the rabbit strategy in nearly every aspect.
Oct 5, 2019, 11:09 AM GENIUS. CHURCHILL ON CAPITAL
—“Capital is the rabbit strategy in nearly every aspect. Machines need quantity over quality — and it is not even close. Quality to create the machine, quantity to move the machine’s product.”– Michael Churchill
(genius)
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Republic Existed to Create the Perfect Structure
Oct 5, 2019, 12:10 PM
—“The Founding Fathers had a similar goal [to Doolittle]. They believed a republic existed to create the perfect structure where a man could pursue virtue, or was free to pursue virtue, explicitly rejecting any hedonistic concepts of “freedom”. They did not consider any form of democracy fit for non-virtuous men who did not have virtue as their primary goal. That it would descend into chaos. A complete monarchy populated by virtuous men is far preferable to a democracy infested with unprincipled degenerates. As we’re observing, in real time.”—James Louis LaSalle
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Republic Existed to Create the Perfect Structure
Oct 5, 2019, 12:10 PM
—“The Founding Fathers had a similar goal [to Doolittle]. They believed a republic existed to create the perfect structure where a man could pursue virtue, or was free to pursue virtue, explicitly rejecting any hedonistic concepts of “freedom”. They did not consider any form of democracy fit for non-virtuous men who did not have virtue as their primary goal. That it would descend into chaos. A complete monarchy populated by virtuous men is far preferable to a democracy infested with unprincipled degenerates. As we’re observing, in real time.”—James Louis LaSalle
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Oct 5, 2019, 12:52 PM —“The Fed can do whatever it wants. It literally has a f
Oct 5, 2019, 12:52 PM
—“The Fed can do whatever it wants. It literally has a football field full of printing presses in the basement. If they want to re-steepen the yield curve, they can do it tomorrow. They just don’t want to change the paradigm. Don’t want to rock the boat. Change will creep in at the margin, probably among the scandis and Japanese, who has been dealing with these problems the longest.”— Michael Churchill
Michael is saying the same thing everyone says, and thats that the state can’t go bankrupt because debt is denominated in dollars that they can print and simultaneously inflate. That’s different from deflation, in which people simply refuse to spend no matter what, or hyperinflation, which means that people are so suspicious of the future value that contracts for complex production are impossible, and demand for cash increases rapidly and the unpredictability appears in temporary (daily, hourly) prices. Money must allow the organization of networks of intertemporal investment, production, distribution, and trade, without providing rents (allowing interest-only gains), or decreasing the tolerance for time differences. In other words, the longer and more complex the Hayekian triangles (networks of production) the more the need for a stable currency. This is why states prefer spending rather than direct inflation. On the other hand I recommend direct distribution rather than inflation or spending, because this is the most direct route to the population and the people tend to spend rather than pay down debts. NOTE: notice I how just talked about economics operationally in descriptive terms (actions) using only Hayekian Triangles, and even when I did, I only did so to teach you the term. conversely note how people use many terms of art in economics. The problem is the individual does not know the difference between an economic term and a financial term. Inflation of the money supply causes inflation of prices to absorb it, such that the purchasing power of TIME (time and other resources are still just time, time to get the resources), stays the same. Deflation generally means decline in prices due to decreasing demand, and both deflation and inflation (increases because of more money, deflation because of less spending, or shift in what’s being produced. Right now restaurant food prices are increasing because more people have jobs and restaurants are having to pay more for staff.)